6 Six in 10 of registered customers are not metered, and their electricity bills are not transparent and clear, World Bank says in damning report about Nigeria’s electricity sector Businesses in Nigeria lost $58 billion in two years to power supply epilepsy. World Bank, which said this in an estimate about the OPEC country, which is the largest oil producer in Africa, maintained that businessmen in the country are losing each year around US$29 billion because of the unreliable power supply. “Businesses in Nigeria lose about $29bn annually because of…
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